GCC (Gulf Cooperation Council) Rigid Packaging Market 2021 Business Scenario - Amcor Limited, Al Watania Plastics, Schott AG, Ball Corporation

The GCC (Gulf Cooperation Council) Rigid Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

GCC rigid packaging market was valued USD 16.208 billion in 2019 and is expected to register a CAGR of 5.73% during the forecast period (2020-2025). 

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Top Leading Companies of Global GCC (Gulf Cooperation Council) Rigid Packaging Market are Amcor Limited, Al Watania Plastics, Schott AG, Ball Corporation, RAK Ghani Glass LLC,Sapin SA, Saudi Plastic Factory Company and others.

Key Market Trends

PET to Hold Major Share

In GCC region, the Polyethylene terephthalate (PET) segment of the market studied is estimated to expand at the highest rate, due to the high demand for PET resins in the manufacturing of bottles for soft drinks and other beverages. The demand for rigid packaging from the food and beverage industry is expected to be constant, which is also driving the demand for PET in the region.

Saudi Arabia currently recycles about 10% of its PET (polyethylene terephthalate) bottles. The recycling percentage is expected to grow with increasing focus of the government toward recycling, which, in turn, is likely to drive the demand of PET in the country.

In 2017, the Gulf Cooperation Council (GCC) has drafted technical regulations intended for food packages, food supplements, and food. This is further estimated to increase the demand for PET in the packaging industry.

Regional Outlook of GCC (Gulf Cooperation Council) Rigid Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global GCC (Gulf Cooperation Council) Rigid Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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